Forex Trading News - 6/8/09
FXstreet.com (Córdoba) – Dollar is falling across the board during the American session. Against the Swiss Franc has been moving to the downside after reaching an intra-day high 1.0982. USD/CHF tested levels below 1.0900 but failed to stay under that level.
The markets continue to work off two months of built up risk appetite; but is that the dollar’s only boon? - Are you a fundamental or technical trader? Get the outlook from both sides on DailyFX..
FXstreet.com (Córdoba) – GBP/USD reached the highest of the day at 1.6100. From there the pair rebounded to 1.6050. Currently is traded at 1.6060 which is 0.68% above today opening price.
For today, in contracts.
* Ireland downgrade pushes euro down toward $1.38
A strong reversal in the US Dollar has led several of our strategies to go long the US currency, and a continued dollar rally could allow for further gains in many of our favored forex trading signals . The nimble Momentum2 trading strategy latched on to clear shifts in forex sentiment and went short the British Pound and Euro against the US Dollar—clearly benefiting from Friday’s impressive …
A strong reversal in the US Dollar has led several of our strategies to go long the US currency, and a continued dollar rally could allow for further gains in many of our favored forex trading signals.
Fxstreet.com (Barcelona) - The EUR/USD is continuing with its fast decline in the European session from 1.4000 in the Asian session to break 1.3930, falls below 1.3850 and reach 1.3800 as 1-week low. The pair is trading 1.10% below today’s opening price, falling towards levels close to 1.3800.
Political tensions in the U.K. weighed on the British pound during the previous week, and pushed the EUR/GBP higher to retrace the sell-off from the end of May, and the pair may continue to advance over the near-term as investors weigh the outlook for future policy.
Daily Forex News and Commentary Forex Hound, NY As forex specialist, ACM provides only currency and precious metals trading via highly professional forex trading software. All customers are aware that this information or any part thereof has been prepared without taking account of your objectives, … Forex − USD Rallies Back on Stronger US data FXstreet.com The Foreign Exchange Market all 6 news articles
EURUSD Resistance Begins at 1.4000 Forexrazor, FL High-Risk Warning Forex , Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex , futures, …
Forex District Forex Market Update: EUR/USD Declines Ahead of Sentix Investor … Daily FX, NY EUR/USD came back under pressure to hit European lows of 1.3901. Selling was noted from European interbank names and model funds from 1.3960, while option related sellers also came back to the fore amid reports of more euro put interest. … EUR/USD Limit Sell at 1.4018 Forex District Chart of the Day EUR/USD - June 8, 2009 Forex District all 3 news articles
Hungary Ctrl Bank Allots CHF699M In One-Week Forex Swap Op Wall Street Journal The National Bank of Hungary said Monday it has allocated 699 million Swiss francs ($644.097 million) in a one-week euro/Swiss franc swap operation. Under the operation, which was set at -1.43swap points, banks provide euros to the central bank and …
HK forex reserves at $205.1 bln at end-May - HKMA Forbes, NY HONG KONG, June 8 (Reuters) - Hong Kong’s official foreign currency reserve assets stood at $205.1 billion at end-May, the Hong Kong Monetary Authority said on Monday, up 6.0 percent from $193.4 billion at the end of April. Hong Kong, whose currency is …
WORLD FOREX :Dlr Falls Vs Euro,Yen As Asian Players Take Pfts Wall Street Journal By Andrew Monahan Of DOW JONES NEWSWIRES TOKYO (Dow Jones)–The dollar fell slightly against the yen and euro in Tokyo Monday as Asian players sold the US unit to take profits following its rise Friday in New York on a better-than-expected US jobs … US dollar eases against yen, euro in Asian trade eTaiwan News all 7 news articles
WORLD FOREX : Dollar Stands Firm; Politics Pressure Pound Wall Street Journal By Katie Martin LONDON (Dow Jones)–The dollar has built on recent gains in European trading hours Monday, although sterling’s post-election stumble has grabbed much of the market’s attention. The euro fell below $1.39 against the dollar for the first …
Brazil offers to buy dollars in spot forex market Reuters SAO PAULO, June 8 (Reuters) - Brazil’s central bank offered to buy US dollars in the spot foreign exchange market on Monday, seeking to soak up a flood of greenbacks flowing into the country. Brazil’s currency, the real BRBY, was trading 0.66 percent …
Washington Times FOREX -Dlr up on US yield rise, rate expectations Reuters By Tamawa Desai LONDON, June 8 (Reuters) - The dollar rose against a basket of currencies on Monday, extending sharp gains made late last week as US Treasury yields rose to seven-month highs after key jobs data, prompting demand for the US currency. … WORLD FOREX : Dollar Jumps As US Jobs Report Beats Forecasts Wall Street Journal Mortgage Rates, The Fed And Treasuries International Business Times FOREX -Dollar extends gains…
Forex District WORLD FOREX : Euro Down Vs Big Rivals As Risks Resurface Wall Street Journal By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The euro fell versus the dollar, yen and UK pound Monday as risk aversion resurfaced and traders took profits on its recent rally, particularly after Standard & Poor’s downgraded Ireland’s … FOREX -Euro hurt by Ireland downgrade; dollar extends gains Reuters Forex NY Update: Euro Falls Below $1.40 Forex District FOREX -Dollar posts…
0 comments
Kick things off by filling out the form below.
Leave a Comment